Reported 25 days ago
Crispin Odey is facing action from the UK's Financial Conduct Authority (FCA) due to his lack of integrity in responding to sexual misconduct allegations. Following a written warning for his conduct, the FCA accused him of undermining a disciplinary process at Odey Asset Management (OAM) to protect his interests. His behavior included self-appointing as the sole member of an executive committee, delaying hearings, and causing OAM to breach regulatory requirements. Though Odey rejoined OAM earlier this year, the firm is no longer authorized to manage customer funds.
Source: YAHOO